ERP or Enterprise Resource Planning is principally an integration of business management practices and modern technology. Information Technology integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently, ERP is an amalgamation of three most important components; Business Management Practices, Information Technology and Specific Business Objectives.
Small Business ERP is a software architecture that supports the streaming and distribution of physically scattered enterprise wide information across all the functional units of a business house. It provides the business management executives with a comprehensive overview of the complete business execution which in turn influences their decisions in a productive way.
At the core of ERP for small business is a well managed centralized data repository which acquires information from and supply information into the fragmented applications operating on a universal computing platform.
Information in small business organizations is accumulated on various servers across different functional units and sometimes separated by physical or geographical boundaries.